Foundations in Personal Finance Ch3

An entrepreneur is someone who _______ and _______ his or her own business.

• Conducts; Evades

• Starts; Runs

• Manages; Circumvents

• Closes; Opens

Find a job or a career that blends two things:

• Something you love to do and something that makes enough money to support your interests

• Something you’re good at and something you love to do

• Something that makes a lot of money and is tolerable

• Something that you have experience in already and something that is easy

You will find satisfaction in your work if it is something you _______.

• Enjoy and find purpose in.

• Hope to get promoted in.

• Get paid a lot for even if you don’t enjoy it.

• Work from home.

The first thing to do is to figure out a business idea that will make _______.

• Money

• Opportunities

• More businesses

• Commission

Having a college degree guarantees you a job.

• True

• False

A great place to find information on jobs is the _______.

• Internet

• Phone book

• Job Opportunity Management System

• American Job Enterprise Search Engine

Research indicates that if you earn a college degree, you could make anywhere from _______ to _______ more per year.

• $5,000-$10,000

• $7,000-$15,000

• $10,000-$17,000

• $15,000-$30,000

What percentage of high school and middle school students plan to start their own businesses some day?

• 10%

• 25%

• 30%

• 40%

How can you learn about the job you think you want to do?

• Read an article about the job you’re interested in.

• Avoid researching any other job possibilities.

• Go to the library and research periodicals.

• Find someone who is doing the job you think you want to do and ask them about it

A _______ is made up of what you will get paid and your benefits.

• Compensation package

• Complimentary package

• Benefits enrollment plan

• Human resources provider plan